in the range of 2.5%, whereas emerging markets are more in the range of 6.5%, some of them, such as india and china, hitting much higher marks. we are facing a turnaround which is very uneven, with countries leading the charge and not those that were historically leading the charge, and others, advanced economies that are lagging behind in a way, given their status of development. in the midst of that, we have clearly in each of those two categories different issues to address, and where clearly the fund can provide service, can provide guidance, can provide advice and recommendations, and if and when necessary, and if asked, obviously support. those two categories are, on the one hand, the issues of sovereign debt. and that concerns all advanced economies, ranging from japan to the united states, but clearly with a focus, as you write about it, as we know, with a focus on the euro zone and in particular on countries such as greece. on the other hand, when we look at the emerging markets, we have in some corners the risk of overheating, and we obviously have the risk of inflation as well.